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re: If trump wins I think housing rates will drop
Posted on 5/12/24 at 2:16 am to StayStrapped
Posted on 5/12/24 at 2:16 am to StayStrapped
quote:
But won't prices shoot up if rates drop?
They went up 80% while the rates rose. I dont undeatand why. I bought a duplex for 215k and that was over asking when rates were 3.25... half of the duplex next door just went on the market for 189k while rates are 7. I could sell half and get the rest of my money back if there was someone dumb enough to buy in this market.
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